From what I have learned about forex, rule #1, you don't trade expectations, you trade what the market gives you!
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Disliked{quote} You may see a gap up followed up with aggressive correction to 1.1100. lowest this can go is the all time low at 1.05... For next week 1.10 - 1.11 = 70% chance 1.05 = 30% chanceIgnored
DislikedI should be lucky to see this historical drop as a newbie trader. Only go through something can really learn the lessons. Now I know it's so important to protect my trades. Something confuse me, it's also possible that it might take more time to getting close to the new low or new high area again. After all, it's a dramatic move. The market maybe needs time to move the range. Even it's an apparent downtrend, I still have doubt on it. Because now everyone knows it's downtrend, then the market will find its way to balance the momentum. I check the...Ignored
Disliked{quote} I have to keep an eye on you, I'm seeing myself in you honestly. Such devotion to research. You are absolutely welcome to keep posting and sharing.Ignored
DislikedCome on, let's bring more brainless people into the business Waveskie {image} {image}Ignored
DislikedI should be lucky to see this historical drop as a newbie trader. Only go through something can really learn the lessons. Now I know it's so important to protect my trades. Something confuse me, it's also possible that it might take more time to getting close to the new low or new high area again. After all, it's a dramatic move. The market maybe needs time to move the range. Even it's an apparent downtrend, I still have doubt on it. Because now everyone knows it's downtrend, then the market will find its way to balance the momentum. I check the...Ignored
Disliked{quote} Howdy nav , if memory serves me correctly , 2nd time now on the wrong side of one of these , , always liked ya , not that makes a difference in the grand scheme of things , but a a thought , maybe a fleeting thought of doing something a little different , these kinds of moves only come along so often in ones life , much better to be rolling with it , A bounce could be a bit vicious when it comes so be patient , ya may be able to hold on , I hope ya can man , , if you got in to trading to actually make money , a slightly different...Ignored